Definition :
Lean Portfolio Management (LPM) shares similar goals with a conventional PPM organization however has some important variations that may supply some substantial progressive edges. LPM involves applying a lean agile mind-set and a progressive set of practices supported lean principles to the standard functions of portfolio management. reworking to Lean Portfolio Management suggests that shifting from annual designing and budgeting cycles with fastened scope expectations to additional agile and fluid rolling-wave designing with a additional continuous flow of labor managed by a Portfolio Kanban system.
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Further Reading:
Lean Agile Software Development by Alan Salloway, Guy Beaver and James R. Trott.